New Homes Program
Incentives are available to contractors building all-electric or partial-electric homes!
Attention customers: the New Homes Program is currently under construction. TVA is making updates, so this program is temporarily unavailable until October 1st. Please check back then to learn about the new program, guidelines, and qualifications.
New Homes Program for Valley Homebuilder Contractors and Home Owners Acting as Their Own Contractor (policy currently undergoing changes)
The New Homes Program was redesigned by TVA and local power companies to offer a suite of new HVAC and water heating equipment incentives. Incentives are available for all-electric homes, as well as homes that have gas appliances in them. The incentives are offered for both single family homes and duplexes.
To be eligible for incentives, homes must be new (less than one-year old), built to prevailing local code, and have qualified equipment installed.
· A quick and easy validation will be conducted on a small percentage of qualifying homes.
· There’s minimum paperwork.
· No ENERGY STAR® requirement!
The New Homes Program incentives help builders purchase technologies that are highly desired for efficiency, effectiveness, and longevity, making these new homes more marketable. Additionally, participating homebuilders can receive the added marketing benefits of taking part in a program sponsored by TVA and local power companies.